It's all "Bah, humbug!" over at Yahoo. Image: Yahoo.
There’s probably not much festive spirit over at Yahoo right now. Having already announced job cuts affecting 600 of its employees, the Internet pioneer has now revealed plans to pull the plug on eight of its online properties.
More pointedly, Yahoo’s current spurt of restructuring will see the likes of AltaVista, Delicious, Yahoo Bookmarks, Yahoo Buzz and Yahoo Picks all dumped alongside AllTheWeb, MyM, and MyBlogLog. It will also shutter its Traffic APIs.
News of the closures arrives courtesy of a presentation slide that was supposed leaked to Twitter from an internal Yahoo product meeting on Thursday.
“Part of our organizational streamlining involves cutting our investment in underperforming or off-strategy products to put better focus on our core strengths and fund new innovation in the next year and beyond,” explained Yahoo in a statement.
“We continuously evaluate and prioritize our portfolio of products and services, and do plan to shut down some products in the coming months such as Yahoo Buzz, our Traffic APIs, and others,” it added. “We will communicate specific plans when appropriate.”
According to the mystery slide, existing Yahoo services such as FireEagle, FoxyTunes, Sideline, Upcoming, Yahoo Events and Yahoo People Search will all be merged into other (currently unspecified) areas.
The leaked information also outlines that Address Book, Alerts, Avatars, Babelfish, Calendar, Greetings, Message Boards, Notepad, and Widgets will all be turned into “features”.